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State urges caution on cryptocurrency, reveals it's used to fund terrorists | Citizen Support


The state is wary of the growing popularity of cryptocurrency among young Kenyans seeking to earn a living digitally as fresh reports indicate that terrorists are using it to raise funds in executing their terror missions.


During the third Nairobi Caucus on Countering Terrorism Financing organised by the National Counter Terrorism Centre, it came out that terrorism networks in the continent and globally are exploiting digital emancipation such as cryptocurrency and crowdfunding among others to raise funds to commit terror attacks.


The National Security Adviser to the president, Amb Dr. Monica Juma expressed worry that countering terrorism financing is quickly falling among the lists of priority in the continent, urging the National Counter Terrorism Centre to never lose focus in this area of security importance. Juma hailed the caucus meeting, describing it as timely, and that it has helped the East Africa region and the whole continent in taming terror threats by disrupting terrorists 'plans.


Source: Barack Oduor, Eastleigh Voice


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